The Year of the Dragon begins now, represented in the Chinese zodiac by the Water Dragon. There is some irony in that, because the worst drought in 50 years has forced Chinese maritime authorities to close the Yangtze River above the port of Wuhan, more than 600 miles upriver from Shanghai.

An Act to facilitate swift and efficient movement of goods in India in relation to export/ import or coastal cargo is set to be enacted soon. It promises to bring transparency in trade practices by publishing of tariff by shipping transport…